Gold Price Forecast: XAU/USD bears eye a downside continuation, US PCE eyed Gold Fed Commodities
All participants agreed more rate hikes needed to achieve Federal Open Market Committee's job, inflation objectives.
Participants saw upside risks for inflation, including china's economic reopening and Russia's war in Ukraine.A number of participants said drawn-out US debt limit process could pose 'significant risks' to the financial system, economy.Participants said continued tight job market would contribute upward pressure to inflation.Some participants saw elevated prospect of recession in 2023.
Looking ahead for the rest of the week, in terms of forthcoming data releases, the market consensus is pointing to strength in the personal consumption and spending data signalling robust domestic demand. ''The Fed’s favoured inflation measure, the PCE deflator, is also due for release this week,'' analysts at Rabobank explained.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Gold Price Forecast: XAU/USD approaches $1850 as investors digest a rebound in US Inflation projectionsGold price (XAU/USD) has displayed a back-and-forth action in a narrow range above $1,840.00 on Monday’s session. The precious metal is expected to hi
続きを読む »
Gold Price Forecast: XAU/USD treads water ahead of United States Purchasing Managers IndexGold price (XAU/USD) struggles for clear directions around $1,840, following a mildly negative start to the week’s trading, as traders await the preli
続きを読む »
Gold Price Forecast: XAU/USD resumes downtrend toward seven-week low of $1,819Gold price recovery fizzles. Downside remains favored, FXStreet’s Dhwani Mehta reports. $1,825 support needs to fail “The critical horizontal trendlin
続きを読む »
Gold Price Forecast: XAU/USD to shrug off Fed Minutes – CommerzbankGold price is falling towards the $1,830 mark. Tomorrow, the release of the minutes of the February 1 FOMC meeting is unlikely to provide fresh trade
続きを読む »
Gold Price Forecast: XAU/USD fluctuates around $1840 on high US bond yields, risk-off moodGold price slides in the North American session while the US Dollar (USD) rises sharply on risk aversion. Expectations that the US Federal Reserve (Fe
続きを読む »
Gold Price Forecast: XAU/USD awaits Federal Reserve Minutes inside falling wedgeGold price (XAU/USD) holds lower grounds near $1,835, following a two-day downtrend, as markets await the key Federal Open Market Committee’s (FOMC) M
続きを読む »